The people who make minimum wage are those that have yet to develop skills that would make sense to pay them a much higher wage.
When you increase it significantly, you reduce the number of jobs & price them out of the market so they never have a chance to develop those skills.
When you increase it significantly, you reduce the number of jobs & price them out of the market so they never have a chance to develop those skills.
https://twitter.com/LikeRepublican/status/1350238852745736193
So the high school student or someone without the right educational credentials is far more likely to end up without a job or a job where their potential for growth is much more limited. Some people will get around this by working for free, but others can't make that choice.
When my family first came to America, my parents each worked several jobs at around the minimum wage. They obviously worked for more than 40 hours a week, but those experiences allowed them to provide for our family while also developing needed language skills for the future.
If you had priced them out from those jobs, they would have had to either look for jobs within the same community where they were far less likely to develop those skills or look for cash-only jobs that would ignore the min wage requirements.
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